Visit of the NISER DG to the Indian High Commission
At the invitation of the Deputy High Commissioner, Ms. Vartika Rawat, the NISER DG, Prof. A.T. Simbine, visited the Indian High Commission today to discuss areas of possible collaboration.
NISER-NES Seminar on FGN 2025 Budget

The Nigerian Institute of Social and Economic Research and The Nigerian Economic Society presents a one-day Seminar on the 2025 Budget of the Federal Republic of Nigeria.
THEME: Impact of 2025 Budget on Business and Economic Sectors
DATE: Thursday, March 6th, 2025
VENUE: Ijewere Hall, The Chartered Institute, 19 Adeola Hopewell Str, Victoria Island, Lagos, Lagos State.
TIME: 10.00 am (WAT)
GUEST SPEAKER: Dr. Muda Yusuf (CEO, CENTRE FOR THE PROMOTION OF PRIVATE ENTERPRISE [CPPE], Lagos)
PANEL MODERATOR: Dr. Faith A. Iyoha (Nigerian Economic Summit Group)
PANELISTS:
- Prof. Bongo Adi (Lagos Business School, Pan-Atlantic University, Lagos)
- Prof Salamatu Isah (Department of Economics, Ahmadu Bello University)
- Prof. Risikat Dauda (Head, Department of Economics, University of Lagos)
- Patrick Ejumedia, PhD (Head of Research, SAMTL (Sterling Asset Management & Trustees Ltd ))
We look forward to your participation.
To participate online or on-site, kindly register at the link below.
ACTUALIZING BEHAVIOUR CHANGE [ABC] KNOWLEDGE SERIES – NOVEMBER 2024

The Nigerian Institute of Social and Economic Research cordially invites you to the November 2024 edition of the NISER Actualizing Behaviour Change (ABC) Knowledge Series.
Theme: THE HEART OF SUCCESS: How Organisational Culture & Behaviour Drive Organisational Effectiveness
Date: November 28, 2024
Time: 10 am WAT
Venue: NISER Conference Room and Online
Presenter: Dr. Emmanuel Imafidon (Senior Fellow, Lagos Business School, Pan Atlantic University)
Chairperson: Mr Foluso Phillips (Founder/Executive Chairman, Phillips Group)
Panel Moderator: Steve Ogidan, mni, fma, FICA, FIMC, PhD (CEO, Successory Nigeria Limited)
Panelists include:
- Ms. Omotola Oshinowo (Head, Business Development, Ampersand Global Investment)
- Chizoba Mojekwu (Lead Consultant, DeftAdroit Consulting)
- Prof Oka Obono (Department of Sociology, University of Ibadan)
We look forward to hosting you at this hybrid event.
To participate online or on-site, click below to register:
AERC/NISER Policy Dialogue on October 10, 2024
On 10th October, 2024, the Nigerian Institute of Social and Economic Research (NISER), in collaboration with African Economic Research Consortium (AERC) organized a high-level Policy Dialogue with the theme “Leveraging Economic Development through Human Capital in Nigeria: The Roles of Foreign Direct Investment and Health. The purpose of the dialogue was to share preliminary research findings and policy implications of the AERC research output on Human Capital Development Project in Nigeria and gathered feedback/inputs from stakeholders to inform policy direction.
Some of the critical findings shared at the event include:
- Nigeria ranks third in Africa for FDI inflows, after Egypt and Ethiopia. Defying COVID-19 headwinds, the country saw increased FDI in 2020, driven by its attractive investment climate.
- Foreign Direct Investment (FDI) in Nigeria is highly concentrated in specific sectors. The manufacturing sector is the primary recipient of FDI, while the ICT sector is emerging as a growing area of investment interest.
- Cross-sectional data findings indicate that FDI inflows contribute significantly to expansion in employment, staff skills development and training, and talent development programmes.
- Mergers and acquisitions (M&A) and foreign investments focused on efficiency are boosting skill development in Nigeria, particularly in manufacturing. In the ICT sector, M&A and resource-driven foreign investments are making the most significant impact.
- Nigeria has very low health insurance coverage, with fewer than 5% of its 208 million people insured. Insurance uptake varies by state but is mostly found in major business areas. Additionally, people working in formal jobs are more likely to have insurance than those in informal jobs, and more men are insured compared to women.
- The most common type of health insurance in Nigeria is private health insurance, especially employer-based insurance. This pattern of health insurance use is consistent across different states. As of 2018, employer-based insurance made up 94% of all private health insurance in the country.
- Nigeria’s National Health Insurance Scheme (NHIS) was started in 2005 to protect families from high medical costs. Even though it’s required for formal workers in public and private sectors, by 2022, it covered less than 5% of the population. This low participation is troubling, especially since various health insurance programs in Nigeria have had difficulty succeeding.
- In Nigeria, healthcare financing mainly comes from Out-Of-Pocket (OOP) payments, which make up about 75% of health spending. Health insurance has contributed very little, averaging only 1.9% from 2010 to 2020 and reaching a peak of 2.3% in 2020. This heavy reliance on OOP payments leads to limited access to quality healthcare, increases the risk of poverty, and raises concerns about Nigeria’s ability to achieve Sustainable Development Goal (SDG) target 3.8 – Universal Health Coverage
Based on these, the following recommendations were given:
- The government is effectively attracting foreign direct investment (FDI) to enhance human capital and should continue to encourage specific types of FDI that have the greatest impact.
- Policies that address both supply and demand challenges are necessary because, although health insurance is mandatory, its uptake remains low, especially among informal workers and women.
- Improving financial inclusion is crucial for increasing health insurance uptake, with a focus on expanding banking access, digital payments, and financial literacy programs.
The institute was ably-represented by the Director-General, Prof. Antonia Simbine, along with Professor Kemi Okuwa (Head, Human Capital Policy Department, NISER) and Professor Abubakar Oladeji (Head, Political and Governance Policy Department, NISER). The AERC Executive Secretary was represented by Dr Charle Owino, and other AERC representatives are Dr Terrence Kairika and Angeline Mwadiwe.
NRSS September 2024: Reflections on the Supreme Court Judgement on Local Government Financial Autonomy

The Nigerian Institute of Social and Economic Research cordially invites you to the September 2024 edition of the NISER Research Seminar Series (NRSS)
THEME: Reflections on the Supreme Court Judgement on Local Government Financial Autonomy
DATE: Tuesday, September 17, 2024
TIME: 10am prompt
VENUE: NISER Seminar Room
CHAIRMAN: Hon. Shaba Ibrahim (Former Chairman, Kogi LG Council, Lokoja, and former Honorable member, House of Representatives, Abuja)
KEYNOTE SPEAKER: Chief Niyi Akintola, SAN
- Dr Chibueze Ofobuike (Transition Committee Chairman, Aguata LGA, Anambta State)
- Hon. Samaila Aliyu Makarfi (Former Hon. Commissioner of Finance, Kaduna State)
- Prof Roseline Chinwe Onah (Nsukka LGA Caretaker Committee Chairperson)
- Cynthia Mbamalu (Yiaga Africa, Abuja)
- Steve O. Ogidan, MNI (Managing Director/CEO, Successory Nigeria Ltd., Abuja)
Click below to register to participate, in person or online:
Australian Offshore Gambling History: Betzoid Australia’s Research Findings
Australia’s relationship with offshore gambling represents one of the most complex regulatory landscapes in the modern gaming industry. Through extensive research conducted by Betzoid Australia, a comprehensive picture emerges of how legislative changes, technological advancement, and shifting consumer preferences have shaped the nation’s offshore betting market over the past two decades.
The Pre-2001 Landscape and Early Digital Adoption
Before the Interactive Gambling Act of 2001, Australia’s gambling environment operated under a patchwork of state-based regulations with minimal federal oversight. The emergence of internet-based wagering platforms in the late 1990s caught regulators largely unprepared, creating an initial period where offshore operators could establish significant market presence without substantial legal barriers.
Betzoid Australia’s research indicates that early offshore platforms primarily focused on sports betting and casino games, capitalizing on the limited domestic online offerings. The technological infrastructure during this period was rudimentary compared to modern standards, yet it established the foundation for what would become a multi-billion dollar industry segment.
The period between 1998 and 2001 saw approximately 15 major offshore operators targeting Australian consumers, with most platforms operating from jurisdictions including Malta, Gibraltar, and various Caribbean territories. These early entrants faced minimal competition from domestic operators, who were still transitioning from traditional brick-and-mortar establishments to digital platforms.
Legislative Responses and Market Evolution
The Interactive Gambling Act of 2001 marked a pivotal moment in Australian gambling regulation, establishing the first comprehensive framework for online wagering activities. However, the legislation’s focus on domestic operators inadvertently created opportunities for offshore platforms to expand their Australian market share.
Subsequent amendments in 2017 significantly tightened restrictions, requiring offshore operators to obtain Australian licenses or cease serving local customers. Betzoid Australia’s analysis reveals that this regulatory shift led to a market consolidation, with approximately 60% of previously active offshore betting sites either exiting the Australian market or restructuring their operations to comply with new licensing requirements.
The enforcement mechanisms introduced during this period included ISP blocking, payment processing restrictions, and penalties for unlicensed operators. Despite these measures, research data suggests that a substantial portion of Australian bettors continued accessing offshore platforms through various technological workarounds, indicating the persistent demand for diverse gambling options.
Consumer Behavior Patterns and Market Dynamics
Betzoid Australia’s consumer research identifies several key factors driving Australian engagement with offshore gambling platforms. Primary motivations include access to broader betting markets, competitive odds structures, and promotional offerings not available through domestic operators.
Geographic analysis reveals significant regional variations in offshore gambling participation, with urban centers showing higher engagement rates compared to rural areas. The demographic profile of offshore platform users typically skews toward younger, tech-savvy consumers aged 25-40, with above-average disposable income levels.
Payment method preferences have evolved considerably since 2001, with traditional credit card transactions giving way to cryptocurrency, e-wallets, and alternative payment systems. This shift reflects both technological advancement and regulatory adaptation, as consumers seek methods that provide greater privacy and transaction security.
The research also highlights seasonal patterns in offshore gambling activity, with peak engagement occurring during major sporting events such as the Melbourne Cup, Australian Open, and international football tournaments. These events typically generate 200-300% increases in platform activity compared to baseline periods.
Technological Innovation and Future Trends
The technological landscape surrounding offshore gambling has undergone dramatic transformation since the early 2000s. Mobile optimization, live streaming integration, and artificial intelligence-driven personalization have become standard features across major platforms serving Australian consumers.
Betzoid Australia’s technical analysis indicates that modern offshore operators invest heavily in user experience optimization, with average platform development costs exceeding $2 million annually for established operators. This investment reflects the competitive pressure to retain Australian customers despite regulatory challenges.
Emerging technologies such as virtual reality betting environments and blockchain-based transparency systems represent the next frontier in offshore gambling innovation. Early adoption data suggests that Australian consumers demonstrate higher than average interest in these advanced features compared to international markets.
The integration of social media elements and community features has also become increasingly prevalent, with platforms incorporating chat functions, user-generated content, and social betting options to enhance engagement levels.
Looking toward the future, Betzoid Australia’s research suggests that the offshore gambling market will continue evolving in response to regulatory pressures, technological capabilities, and changing consumer expectations. The ongoing tension between regulatory compliance and market demand will likely drive further innovation in platform design, payment processing, and user acquisition strategies. Understanding these historical patterns and emerging trends provides crucial context for policymakers, industry stakeholders, and consumers navigating Australia’s complex offshore gambling landscape.
NISER and Soramitsu Collaborate for Blockchain Research

The Nigerian Institute of Social and Economic Research (NISER) and Japan-based global technology company, Soramitsu, are collaborating to establish partnership towards promoting education, research, entrepreneurship, capacity building and knowledge transfer related to the areas of blockchain technology and digital currencies.
Soramitsu is an award-winning global technology company delivering blockchain-based solutions for open source projects, enterprises, universities and governments. From the creation of domestic and cross-border payment systems to the development of the SORA decentralized economic system, Soramitsu projects and use case studies represent the next-generation of fintech.
In this collaboration, Soramitsu seeks to:
- develop proposals for collaborative research, education and outreach in the identified areas,
- organize capacity building workshops and other activities to staff and researchers of NISER,
- exchange of technologies for collaborative research and development through appropriate technology transfer agreements and approval of each institutions
- Support and mentor staff of government agencies suggested by NISER in the identified areas.
In return NISER seeks to:
- provide an initial context setting and country situation analysis for market prospecting on Soramitsu’s proposed work in Nigeria,
- work as a joint partner to co-create proposals for collaborative research, education and outreach in the identified areas.
- provide background information and data related to Nigeria as well as advisort briefs on all NISER-Soramitsu joint efforts
- leverage its network to introduce Soramitsu to stakeholders relevant to successful implementation of projects in Nigeria
- jointly prospect and implement projects with Soramitsu in Nigeria.
The partnership is valid for two years, and NISER looks forward to the frontiers this partnership will open up in blockchain research and adoption.
How can we help you?
Contact us at the NISER office nearest to you or submit an inquiry online.
